SCMP Halts as Publisher Jumps Most in 15 Years: Hong Kong Mover
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SCMP Group Ltd., the publisher of the South China Morning Post, halted its stock from trading in Hong Kong after it jumped the most in more than 15 years.
The company plans to make “an announcement in relation to unusual price and trading movements and inside information,” it said in a filing today, without elaboration. Jennifer Shay, a spokeswoman for the Hong Kong-based publisher, didn’t respond to an e-mail and phone call for response.